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Should the poor pay more for auto insurance?
by BayAreaObserver in #CarInsurance   1 comment, latest 3 hours ago
Car insurers say everyone will pay if a New York regulation, aimed at preventing insurers from using a widespread rating practice, makes them change their business model. New York Governor...
USA USA USA
by Logan Mohtashami in #economics   97 comments, latest 6 hours ago
#economics Just wanted to remind everyone 166,000,000 plus people working 5,740,000 job openings 79 months of job expansion 4 decade lows in unemployment claims 2 years from now the...
Puerto Rico Says Will Default Tomorrow, Begs Congress For Help
by mell in #politics   24 comments, latest 9 hours ago
Moody’s Investors Service analysts said last week that any non-payment, even if it’s agreed to by creditors, constitutes a default in their eyes. S&P Global Ratings said a distressed-debt...
Saudis take 100% control of America's largest oil refinery - SHELL Martinez, CA also up for sale....
by BayAreaObserver in #Refineries   8 comments, latest 1 day ago
America's largest oil refinery is now fully owned by Saudi Arabia. Saudi Aramco, the kingdom's state-owned oil behemoth, took 100% control of the sprawling Port Arthur refinery in Texas on...
Harvard Study: Trump's 100 Days Media Coverage Overwhelmingly Negative
by TwoScoopsMcGee   16 comments, latest 1 day ago
Focused heavily on Trump... The least negative week of coverage? When he was most in sync with neolib-con policy, by bombing the Assad Regime's airfields. In a nation of...
The Rise and Fall of the American Middle Class - Fifteen Minute Video, April 2017 Release
by BayAreaObserver in #MiddleClass   2 comments, latest 5 days ago
William Lazonick, professor at University of Massachusetts Lowell, explains how rationalization, marketization, and globalization characterize the U.S. economy during the past 50 years, and how the behavior of companies and...
Globalization and the End of the Labor Aristocracy, Parts 1, 2, 3 and 4
by BayAreaObserver in #Globalization   Posted 5 days ago
Economist and Triple Crisis contributor Jayati Ghosh argues that imperialism has not disappeared, but changed shape. The direct military conquest and control of economic territory by the great powers has...
Mother's Day: Commercialization vs. gratitude
by BayAreaObserver in #MothersDay   2 comments, latest 1 week ago
Somehow, it always comes as a surprise - Mother's Day on the second Sunday in May. Flower shops tend to be prepared well in advance. The holiday's commercialization has been...
How Financialization and the New Economy Hurt Science and Engineering Grads
by BayAreaObserver in #STEM   1 comment, latest 1 week ago
This article is a big geeky at points by virtue of using a lot of acronyms. But be patient! It contains important information about the restructuring of the US workforce....
Guess which party these counties vote for.
by HEY YOU   Posted 1 week ago
" Inside the big wood-paneled downtown library here, a sign spells out the future in four words. Come June 1, “All services will cease.” "If a crime is reported after...
The Truth About Southern US Slavery
by NuttBoxer   2 comments, latest 1 week ago
At a time when Soros is attempting to erase the truth of history by funding the removal of American hero's in the south, I thought it appropriate to post well...
Buy now or be priced out forever 2.0
by PockyClipsNow in #housing   90 comments, latest 1 week ago
Real estate is a' boomin in Los Angeles. Apparently the anti-trump rhetoric doesnt apply to real estate OR stock market - in fact it appears to be inversely proportional. The...
Philly boy makes good
by Blurtman in #Adrienne   Posted 1 week ago
Background Rod Jay Rosenstein was born on January 13, 1965, in Philadelphia.[4] He graduated from the Wharton School of the University of Pennsylvania, with a B.S. in Economics, summa cum...
Car insurance rates are set to soar
by BayAreaObserver in #economics   12 comments, latest 2 weeks ago
Are higher car insurance rates coming? Ask the residents of Georgia, where Allstate Property & Casualty Insurance has just raised some auto premiums by 58 percent. The Good Hands People...
Some money managers plan now for recession later
by BayAreaObserver in #Recession   Posted 2 weeks ago
Alternative investment managers expect the best but are planning for the worst — a recession in as little as three years, just when they need to exit their portfolio holdings....
State Farm to Displace 4,200 Workers, Exit 11 Locations
by BayAreaObserver in #Insurance   2 comments, latest 2 weeks ago
State Farm Mutual Automobile Insurance Co., the largest U.S. home and auto insurer, plans to shut 11 U.S. facilities, displacing about 4,200 workers, after a $7 billion annual underwriting loss...
Tim Cook says Apple is investing $1 billion in US manufacturing
by zzyzzx in #apple   1 comment, latest 2 weeks ago
Apple CEO Tim Cook announced today that the iPhone maker will be putting $1 billion of its roughly $256 billion cash hoard into a US advanced manufacturing fund. The...
Who's Hiring? Daily Job Fix Website. Monthly Listings, Job News, Etc.
by BayAreaObserver in #Jobs   Posted 2 weeks ago
This is on or part of the Daily Job Cuts website. It might be useful for anyone out there who is looking including teens looking for summer work, fair amount...
2017s Best & Worst Entry-Level Jobs. 109 Different Positions Covered, White and Blue Collar
by BayAreaObserver in #Jobs   6 comments, latest 2 weeks ago
finding employment is no small task. And what many job-market entrants ultimately seek is a career, not just a job. They want the attractive combination of a high starting salary...
The Sound of One Wing Flapping
by BayAreaObserver in #Housing   Posted 2 weeks ago
And suddenly the storms of early Trumptopia subside, or seem to. The surface of things turns eerily placid as the sweets of May sweep away the toils of an elongated...
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